4761 RIDGELAWN DRIVE

Burnaby · MLS® C8075302

7,260 sq ft lot

Land · Vacant Land · 262 days on market

Listed by Raymond Leung, RE/MAX City Realty

Realtor's description

Must See! Approx. 7,260 sqft Mid-Rise development lot in Burnaby Brentwood area. Located at Ridgelawn Dr, between Beta Ave and Delta Ave. On the opposite of Brentwood Town Centre, easy access to Vancouver East & West and North Vancouver through Hwy No.1 & 7. Under R1 residential zone and 2050 Burnaby OCP, potential for up to 12 stories development. Potential for 8 lots ( Approx. 56,778 SqFt) land assembly, corner 2 lots and East side 2 lots are on market for sale for total Approx. 28,948 sqft. A rare opportunity for people who are looking for a new community to develop. Call now for more information!

Property details

Type: Land, Vacant Land
Lot: 7,260 sq ft
Parking: 0
Property tax: $7,197 / yr
Days on market: 262
MLS®: C8075302

Price check

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 262 days

The market here

Listed now: 126 days; median for 35 homes for sale; this one 262 days

Homes in Burnaby. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$21,731/mo

Mortgage $21,131 · Tax $600

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$21,131/ monthly

loan $3,880,000

25-year amortization

down payment20% · $970,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $2,459,295
property transfer tax: $160,500; BC general rate
cash to close: $1,130,500; down + PTT
total paid: $6,339,295

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

BurnabyGoogle Maps ↗

Location

BurnabyGoogle Maps ↗

Schools

Catchment schools, Burnaby School District 41

Elementary Brentwood Park Elementaryhomes in this catchment
500 m away · 1455 Delta Ave, Burnaby · 604-296-9003

From the Burnaby School District 41's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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